Cost cutting

Ericsson to slash 2,200 jobs as part of cost-cutting

Swedish telecoms group Ericsson plans to cut some 2,200 jobs as part of a major cost-cutting and restructuring exercise, the company said Wednesday.

Mar 11, 2015, 18:50 PM IST

Amid US oil price crash, cost cutting ripples through industry

Any lingering doubt about the depth of the crisis facing the U.S. energy industry is quickly evaporating as even the biggest firms slash spending amid the steepest oil price crash since the recession, sending ripples across the vast sector.

Jan 17, 2015, 06:40 AM IST

BBC News to cut 400 jobs in austerity drive

BBC News currently employs around 8,400 people, including around 5,000 journalists, the corporation said.

Jul 17, 2014, 15:48 PM IST